Current through 2024 Legislative Session Act Chapter 510
Section 781 - DefinitionsAs used in this subchapter:
(1) "Bank" means a state or a national bank.(2) "Continuing bank" means a merging bank, the charter of which becomes the charter of the resulting bank.(3) "Converting bank" means a bank converted from a state to a national bank, or the reverse.(4) "Merger" includes consolidation.(5) "Merging bank" means a party to a merger.(6) "National bank" means a national bank association located in this State.(7) "Resulting bank" means the bank resulting from a merger or conversion.(8) "State bank" means a bank or trust company chartered under the laws of this State.5 Del. C. 1953, § 781; 49 Del. Laws, c. 126.;